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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
REAL
PRCD
ALDAR
Aldar Sukuk Ltd$500
1EMEA
Sep 24, 2018
currency
USD
size (m)
500.000
maturity
Sep 29, 2025
type
Fixed
tenor
7.000
call
-
registration
Reg S Only
benchmark
Swaps
ranking
-
moody's
Baa1
s&p
-
fitch
-
size description
-
re-open/tap
No
ipt
MS+High 100s
ipt-pxd
-
guidance
MS+175-180
spread
170
coupon
4.75%
spread set
-
price
99.71800
yield
4.798%
book size (m)
1,150
peak book (m)
-
x-covered
2.3
book attrition
-
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
1,150
peak book (m)
-
x-covered
2.3
book attrition
-
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
7 yr: Book size: 1150; Registration: Reg S Only; Comments: USD500m 7yr RegS sukuk bmk. Baa1. GloCos 1ADB/JPM/StCh(B&D). With tender for 750m Dec 2018s. IPTs MS+high 100s, guidance +175/+180, set +170 for 500m. Books closed ~1.15bn (735m JLM). T 2 8/25 +175.9 @ 99-06+ (3.039%). Tax Call: No. PP: No. XD: No;
Deal Comments
Sukuk Bond

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